HANSEN BUYOUT ALERT - National Securities Law Firm Seeks Higher Price for Hansen Medical Shareholders in Connection with Proposed Buyout, and Encourages Shareholders to Contact Law Firm for More Information


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


NEW YORK, April 20, 2016 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the potential sale of Hansen Medical, Inc. (NASDAQ: HNSN) ("Hansen" or the "Company") on behalf of its shareholders.  Hansen announced that it has entered into a definitive agreement to be acquired by Auris Surgical Robotics, Inc. for $4 per share.  In addition, certain significant shareholders of Hansen have agreed to invest approximately $49 million into Auris contemporaneously with the closing of the transaction.

Our investigation has determined that the offer price of only $4 per share, unfairly under-values the true going forward inherent value of Hansen and that shareholders may not be receiving the maximum value for their shares. Indeed, the stock hit a high of $10.70 per share within the past year. The investigation further seeks to determine whether Hansen senior management is entering into this deal for its own self-interests to the detriment of the Company's shareholders.

If you are a shareholder of Hansen and would like additional information as to how the proposed acquisition may affect your rights as a shareholder, and how you may be eligible to obtain a higher price for your shares, please contact us at no cost at:

Tripp Levy PLLC
New York, New York  
Toll free: 800-511-7037  
International: 602-241-2841  
Email: contact@tripplevy.com
www.tripplevy.com

Tripp Levy PLLC represents individual and institutional shareholders in mergers and acquisitions transactions and has assisted in the recovery of billions of dollars for shareholders in securities actions around the globe.

Attorney advertising.  Prior results do not indicate a similar outcome.

Logo - http://photos.prnewswire.com/prnh/20160323/347588LOGO

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/hansen-buyout-alert---national-securities-law-firm-seeks-higher-price-for-hansen-medical-shareholders-in-connection-with-proposed-buyout-and-encourages-shareholders-to-contact-law-firm-for-more-information-300254463.html

SOURCE Tripp Levy PLLC


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: Press Releases